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<br />(d) No Change to Payment Schedule. Any application of payments, insurance proceeds, or Miscellaneous
<br />Proceeds to principal due under the Note will not extend or postpone the (Inc date, or change the amount, of' the
<br />Periodic Payments.
<br />3. Funds for Escrow Items.
<br />(a) Escrow Requirement; Escrow Items. Borrower must pay to Lender on the day Periodic Payments are due
<br />under the Note, until the Note is paid in full, a sum of money to provide for payment of amounts due for all Escrow
<br />Items (the "Funds"). The amount of the Funds required to be paid each month may change during the term of the
<br />Loan. Borrower must promptly furnish to Lender all notices or invoices of amounts to be paid under this Section 3.
<br />(b) Payment of Funds; Waiver. Borrower must pay Lender the Funds for Escrow Items unless Lender waives
<br />this obligation in writing. Lender may waive this obligation for any Escrow Item at any time. In the event of such
<br />waiver, Borrower must pay directly, when and where payable, the amounts due for any Escrow Items subject to the
<br />waiver. If Lender has waived the requirement to pay Lender the Funds for any or all Escrow Items, Lender may
<br />require Borrower to provide proof of direct payment of those items within such time period as Lender may require.
<br />Borrower's obligation to make such timely payments and to provide proof of payment is deemed to be a covenant and
<br />agreement of Borrower under this Security Instrument. If Borrower is obligated to pay Escrow Items directly pursuant
<br />to a waiver, and Borrower fails to pay timely the amount due for an Escrow Item, Lender may exercise its rights under
<br />Section 9 to pay such amount and Borrower will he obligated to repay to 1...ender any such amount in accordance with
<br />Section 9.
<br />Lender may withdraw the waiver as to any or all Escrow Items at anv time by giving a notice in accordance with
<br />Section 15; upon such withdrawal, Borrower must pay to Lender all Funds for such Escrow Items, and in such
<br />amounts, that are then required under this Section 3.
<br />(c) Amount of Funds; Application of Funds. Lender may, at any time, collect and hold Funds in an amount
<br />up to, but not in excess of, the maximum amount a lender can require under RESPA. Lender will estimate the amount
<br />of Funds due in accordance with Applicable Law.
<br />The Funds will be held in an institution whose deposits are insured by a U.S. federal agency, instrumentality,
<br />or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan
<br />Bank. Lender will apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender
<br />may not charge Borrower for: (i) holding and applying the Funds; (ii) annually analyzing the escrow account; or (iii)
<br />verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender
<br />to make such a charge. Unless Lender and Borrower agree in writing or Applicable Law requires interest to be paid
<br />on the Funds, Lender will not be required to pay Borrower any interest or earnings on the Funds. Lender will give
<br />to Borrower, without charge, an annual accounting ot'the Funds as required by RESPA.
<br />(d) Surplus; Shortage and Deficiency of Funds. In accordance with RESPA, if there is a surplus of Funds
<br />held in escrow, Lender will account to Borrower for such surplus. If Borrower's Periodic Payment is delinquent by
<br />more than 30 days, Lender may retain the surplus in the escrow account for the payment of the Escrow Items. 1.1 there
<br />is a shortage or deficiency of Funds held in escrow, Lender will notify Borrower and Borrower will pay to I....ender
<br />the amount necessary to make up the shortage or deficiency in accordance with RESPA.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender will promptly refund to Borrower
<br />ally Funds held by L,endcr.
<br />4. Charges; Liens. Borrower must pay (a) all. taxes, assessments, charges, fines, and impositions attributable
<br />to the Property which have priority or may attain priority over this Security Instrument, (b) leasehold payments or
<br />ground rents on the Property, if any, and (c) Community Association Dues, Fees, and Assessments, if any. If any
<br />of these items are Escrow Items, Borrower will pay them in the manner provided in Section 3.
<br />Borrower must promptly discharge any lien that has priority or may attain priority over this Security Instrument
<br />unless Borrower: (aa) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender, hut only so long as Borrower is performing under such agreement; (hb) contests the lien in good faith hy,
<br />or defends against enforcement of the lien in, legal proceedings which Lender determines, in its sole discretion,
<br />NEBRASKA FHA DEED OF TRUST - MERS *DocMagic
<br />NEDOTZ2N.FHA 09/09/25
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